Mike Wallace
How much would you pay for this 32 unit? got all the #'s.
32 unit brick. Great occupancy. C+ area. I am very familiar with area, I own other smaller multis and SFH's in same neighborhood.Current owner seems to keep building in great shape. Well taken care of.Mechanicals seem...
Tony T.
NY Bill Would CANCEL Rent for 90 Days, Not Postpone.
https://reason.com/2020/03/25/...
The state of New York has a bill to CANCEL rent for 90 days for workers affected by the virus! This isn't deferring rent payment; it is waiving it.
Those landlords who have mortgage...
Ryan David
Guidance starting out
Hi all, quick back story, I've started the process to potentially medically seperate from my current profession. This would leave me with monthly tax free income equal to what I'm currently taking home. It would also ...
Marc Ende
How to appraise Industrial Warehouse for cash out refi
Hi BP community! I tried to find this answer in the forum but couldn’t get the information. Sorry if this is a stupid / redundant question. Here’s the scenario:Bought 5,000 sq. ft warehouse for $260k in cash. warehous...
Adam Steinberger
Is this a good deal?
Hello I am trying to decide which deal is better, if either.
1. Home price $110,000. Will add $20,000 in repairs and home will he worth $139,000. Taxes: $1750Insurance: $700 Rents for $1200.This home is in a nice nei...
Chris Mathe
Using a HELOC to help finance first BRRRR?
Hi All, Quick back story: I was trying to cash out refinance my primary residence when unfortunately the appraisal unexpectedly came in too low for it to make sense. With that being said, my loan officer recommended ...
Brian McCormick
Looking for Advice on Parent's Property/Potential Flip?
Hi All -I'm looking for some guidance on options for my parent's house/my childhood home (I'm a newbie, so trying to think through if an opportunity exists here or if the NOVA/Washington DC market just isn't realistic...
Saintfleur Joseph
Florida Fix and Flip System
I'm new to real estate investing as well as BP and have been putting in a lot of effort in reading material, watching videos, attending REI groups on real estate investing as me and my partner develop our business. I ...
Jonathan Small
50% Rule vs DSCR > which do you use to calculate a good rental
When evaluating a potential real estate investment, both the Debt Service Coverage Ratio (DSCR) and the 50% Rule can be helpful tools. However, they approach financial health from different angles.
The 50% Rule is ...
Brittney Frick
First Time Investment Property Buyer - Help Evaluating Property
Good evening! I'm a newbie real estate investor and I'm hoping to get some opinions and feedback on the first property I'm about to put an offer on. PROPERTY DETAILS: Located in Madison, VA2 Bedroom, 1 bathTax assessm...